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20121104
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Search Results 0 to 20 of about 21 (some duplicates have been removed)
was happening. all of us in the auto industry were looking at gm and chrysler. we sught to companies on the verge of failure that were going to take down the entire supplier industry. we also saw an industry that had to be restructured. bill ford is my hero. he fired in self. they put forward in a good ace, so they did not have to be rescued. they laid out a map for what had to be done, and everybody had to sacrifice. neil: and the end justifies it because things are back. and is starting with president bush. i'm not criticizing, but it did not lead to a slippery slope. >> once again, the difference between this was, this was not a bailout. a bailout is when you give money to the existing guys. restructuring. the key thing that obama did -- neil: the, the bankrucy and restructuring. >> but the restructuring was driven by the president's team. a bankruptcy court would never have done that by itself, and it is the reason i don't like the mitt romney passive approach, just turn it over to the courts. it would not have moved fast enough. it would not have taken the action the president's
important state. there is an ad that says that obama's chrysler deal undermines u.s. workers. gm's ceo came out and said that the latest romney ad is politics at its worst this, is going to play out before voters in ohio. your thoughts on this? >> i was in ohio yesterday. ways in hamilton county, cincinnati then over in lebanon, and then, over in delaware county. goit a good taste of southwestern ohio. last time, obama carried ohio. it is rob portman's base. they're very, very proud of them. republicans told me they believe they're going to carry hamilton county maybe by 23,000 votes. that would be a swing of 50,000 votes by itself that would guarantee carrying ohio. people in lebanon and warren county very republican. tremendously enthusiastic. they're going to vote bigger than they voted last time for mccain. in delaware county it was a very rural area we were in. i couldn't find any obama voters. obama is going to be competitive. he's going to have cleveland and areas around dayton. i think ohio probably going to end up electing josh landel to the senate. all energy development, natural
that the obama administration's overseeing the outsourcing of autoworkers jobs. >> obama took gm and chrysler into bankruptcy and sold chrysler to italians who will build jeeps in china. >> not so bad says the ceo of chrysler issuing a statement reaching jeep production whether not be moved from the united states to china, it is inaccurate to suggest anything different. today president obama tours the storm devastation in atlantic city and vice president biden makes two campaign stops in florida. mr. romney will also be in florida as he makes three stops. paul ryan will spend the day campaigning in his home state of wisconsin. let's get back to sandy, because two of the three major airports serving the new york area, kennedy and newark, they'll start to reopen with limited service later this morning, but the super storm created a worldwide ripple effect. many are still stranded overseas. so we want to check in with michelle kosinski from london. good morning. >> reporter: right, it does have that sort of snowballing effect that we see with any major travel destruction around the world, but of
decline. they're talking about this cold war between japan and china. gm had a good quarter too. gm is behind them in terms of this raushlization. obviously europe is just a disastrous report. latin america pretty good, asia had a swing. the most important thing is that he cannot leave until he gets through the problem. >> is it not good or bad that mallalay stays? so i'm good would it have been a bigger picture in europe of european ford if steel took over before rather than later. >> my feeling has always been you own the fords of the world is that they have always had huge cash awards. >> the announcement is out, they have promoted a number, a series of people. joe henriks, president of the americas, even know dell, most, a number of different things including the promotion of fields. >> asia, africa is the rangernd a the ranger is selling very well. >> it's a big story, you got it here first. >> all right, a lot of people did. of course not the only story out this morning. if you do want to get the latest out of the recovery, sandy, remain without power in the storm region. some
campaign has countered with a new ad in ohio and michigan. >> gm calls romney's ads politics at its cynical worst. and chrysler's ceo said it's simply not true. we know the truth, mitt. >> that's exactly what i said. the headline you read which is let detroit go bankrupt. >> when romney airs these grossly false ads, it opens up the door obviously for the obama campaign to hit back hard. in the state of florida it actually gets worse. romney desperately needs to win the state of florida and he is running a spanish language ad meant to stoke the fears of cuban-americans. the ad tries to connect president obama to venezuelan president hugo chavez and fidel castro. "the miami herald" reports the romney campaign would not furnish the ad despite repeated requests. in other words, the ad is so outrageous, the romney campaign tried to slip it under the radar. obviously the strategy is backfiring. let's turn to annette taddeo, member of the miami-dade democratic party. annette, great to have you with us tonight. i keep saying the bread basket to victory for president obama is going to be south flori
minutes apart with two very different stories. does this town really revolve around the gm plant? >> yes. >> no question? >> no question. >> we meant sherry gaunt in lordstown, long time gm worker and vice president of the local united autoworkers. >> look where gm is now. if the government didn't step in, might not be working, might not have a job. >> here at gm's lordstown, ohio, plant, they're cranking out the chevy cruz. they're got from one shift of 100 workers to three shifts with 4500 workers today. but like most autoworkers these days, she felt the pain of the layoffs. >> how much does it play into politics for you in this election? >> it means everything. >> everything? >> everything. we're doing real well right now. >> her coworkers told us a similar story. who are you supporting for president? >> obama. >> why? >> because he's for the working class. and he helped with the bailout. >> it speaks about his dar character, speaks about his concern for us. >> in warren, ohio, some former autoworkers are angry. >> i was one of the innovators. bruce worked for delphi for 34 years, a s
also have kay shiller coming in with home prices at the highest level since september 2010. ford and gm beat. in terms of pent-up demand, the vibe is higher. to your point on whether trading will resume normally, i talked to traders yesterday. they said it could be dipping your toe in the water meaning volume is light in the beginning to see how things actually go to make sure the connections are there. we'll see if it goes as well as they predicted. >> this is one of those days where i sure hope it goes well because we've had lots of smooth days where there's no power outages that turned into a fiasco. >> true enough. >> i want to keep fingers crossed. >> it's not just about what happens in this building. goldman sachs has generator moving on power. not every bank has every office open today. tough to get around the city right now. >> tough to get around the city. tough to get employees for many of these banks to where they need to be. a number of them -- many of them are working remotely. as you say, everybody is trying to be fully open for business. i have made a handful of calls thi
markets were closed. likewise, gm soared after blowing past earnings estimates. >>> on the down side, apple shares slid and weighed down the nasdaq. sorry amex, the gold card has nothing on this guy. a new pure gold diamond and mother-of-pearl card from a bank in kazakhstan. the price, $100,000. >>> just ahead, how students in louisiana are trying to give a little back and also our own brian williams gets a first-hand look at the devastation in his old stomping ground, the new jersey shore. you're watching "first look" on msnbc. maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. you know it can be hard to lbreathe, and how that feels.e, copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance tre
is false, erroneous jeep ad that everyone from gm and chrysler to every paper in the state has come out and said is untrue. i don't think a winning campaign closes by trying to scare people into voting for them. >> christy, and you're right when the ad first came out there was some inaccuracy there, but it was corrected and the bottom line is this: with the auto bailout it was suppose today create more jobs with chrysler. >> it did. >> chrysler now expanded its business to china. so actually the president talked about mitt romney putting jobs in china, when actually our tax dollars went to create more jobs in china. >> angela, that's not true. that's absolutely not true. as i said, everybody's who's debunked the ad, the romney campaign is looking to scare people and i can't imagine you'd do if you're winning in ohio. >> no, christy, in the ad, mitt romney says that chrysler was taking jobs from ohio. chrysler is expanding its business to china and creating jobs in china. >> angela, that's not near the ad-- >> let me jump in, seconds left. >> sure. >> we've got really tight races in the
like. >> we're in toledo. >> we were in youngstown yesterday. it's the big gm lordstown plant. ohioans are really attached to the auto industry, and they definitely feel a lot of relief. there is three shifts going on at these plants. they were down to one in some cases and manufacture these plants were down to being shut. we are definitely sensing that people feel things are a little bit better. the question, suzanne, is who do they credit for that? >> and the other thing, too, is, of course, we've heard from the president saying, look, this is evidence that this is 32 straight months of private sector growth, and you have mitt romney on the other side saying that it's a sad reminder that the economy is at a standstill. his own words. beyond the spin here, what do you think voters are hearing when they hear this number today, and does it even change their perception at all of how the economy is doing? to either one of you. >> suzanne, you know, the uptick is not great news for the obama campaign. it is still -- >> this is a 7.8% to 7.9%. >> that's the top line number that people pay a
credit for the survival of gm and chrysler. >> i understand governor romney has time in ohio because he was against it in the auto industry and hard to run away from that position when you're on videotape saying the words let detroit go bankrupt. dennis: geometrics or went bankrupt a merge with help in federal financing. governor romney's plan would government providing guarantees for post-bank of the financing. meanwhile in wisconsin governor romney hit his campaign closing argument. >> he is so sure of that he has one big plan for the next four years. he wants to take all the ideas from the first term, the stimulus, the borrowing, obamacare, all the rest and do it all over again. that idea can be boiled down to four words, more of the same. dennis: president obama spends all day in the buckeye state. back to you. cheryl: more breaking news continuing into fox business. fema now arriving in staten island. let's go back to the latest there. cheryl: this is national guard distributing supplies to people who need party, and they set this up about 10 minutes ago. the bunch of people taking
works. the private sector must create jobs and you're right about the anemic growth. >> ask gm which private investors would have helped them if it weren't for the federal government. certain industries need the federal government to step in to help when the private-- >> that's not true. >> those are facts. >> thank you very much, those are the facts. >> and brian, betsy, and as steve said you're going to share a taxi home. a great debate. >> alisyn: outrage from the father of a murdered navy seal, about the botched response. >> i couldn't understand why did they allow them to die? why didn't they send help. >> alisyn: more from that powerful interview ahead. all eyes on hawaii where a tsunami warning is still in effect. we've got the latest details, but that's not all. hurricane sandy barreling toward the northeast, what you need to know if you're in the monster storm path. ♪ [ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. at unitedhealthcare insurance company, we understand that com
Search Results 0 to 20 of about 21 (some duplicates have been removed)

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